Keysight Technologies, Inc. (KEYS) Set to Announce Quarterly Earnings on Wednesday
Keysight Technologies, Inc. (NYSE:KEYS) will issue its quarterly earnings data after the market closes on Wednesday, November 15th. Analysts expect the company to announce earnings of $0.65 per share for the quarter. Keysight Technologies has set its Q4 guidance at $0.59-0.69 EPS.
Keysight Technologies (NYSE:KEYS) last issued its quarterly earnings data on Wednesday, August 30th. The scientific and technical instruments company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.07. The firm had revenue of $832.00 million during the quarter, compared to analysts’ expectations of $862.38 million. Keysight Technologies had a return on equity of 20.85% and a net margin of 7.58%. Keysight Technologies’s revenue was up 16.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.63 earnings per share. On average, analysts expect Keysight Technologies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Keysight Technologies, Inc. (NYSE:KEYS) opened at $44.32 on Tuesday. The stock has a market capitalization of $8,260.00, a price-to-earnings ratio of 20.25, a P/E/G ratio of 2.28 and a beta of 1.17. Keysight Technologies, Inc. has a 1-year low of $34.58 and a 1-year high of $45.65. The company has a current ratio of 2.75, a quick ratio of 2.04 and a debt-to-equity ratio of 0.92.
In other news, insider Ronald S. Nersesian sold 58,931 shares of Keysight Technologies stock in a transaction on Monday, October 9th. The stock was sold at an average price of $41.64, for a total value of $2,453,886.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP John C. Skinner sold 15,058 shares of Keysight Technologies stock in a transaction on Friday, September 1st. The shares were sold at an average price of $40.79, for a total value of $614,215.82. The disclosure for this sale can be found here. Company insiders own 1.23% of the company’s stock.
KEYS has been the subject of several research reports. Credit Suisse Group lifted their price objective on Keysight Technologies from $45.50 to $49.00 and gave the stock an “outperform” rating in a report on Thursday, August 31st. Jefferies Group LLC reissued a “buy” rating and set a $52.00 price target on shares of Keysight Technologies in a research report on Friday, October 20th. Robert W. Baird reissued a “buy” rating and set a $48.00 price target on shares of Keysight Technologies in a research report on Friday, September 1st. BidaskClub downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 22nd. Finally, ValuEngine downgraded Keysight Technologies from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $47.33.
About Keysight Technologies
Keysight Technologies, Inc is a measurement company engaged in providing electronic design and test solutions to communications and electronics industries. The Company provides electronic design and test instruments and systems and related software, software design tools and related services that are used in the design, development, manufacture, installation, deployment and operation of electronics equipment.
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